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Ivan
3 years ago
6

You will need to revise your budget to account for a car payment. Which expense category would be the most difficult to change o

r reduce? entertainment rent savings groceries.
Business
1 answer:
nadezda [96]3 years ago
4 0

The expense category that would be most difficult to change or reduce in a budget is the rent.

<h3>What is the budget?</h3>

A budget is a statement that shows the estimates regarding the income and expenditure of an individual or business for a specific period. A budget helps to allocate the resources between necessities and wants.

The expense that will be most difficult to revise is the rent expense. Rent is the fixed charge incurred for using a property. If one needs to revise our rent expense, we need to shift to a property with lower rent.

The entertainment, savings, and groceries can be easily revised by lowering down the expenses on the same.

Therefore the correct option is b.

Learn more about budget here:

brainly.com/question/15712390

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You are purchasing an equipment for $ 200,000 for your new store. Assume the store has no other expenses or revenues other than
djverab [1.8K]

Answer:

Negative cash balance of $210,000.

Explanation:

Given that,

cost of equipment = $200,000

Inventory purchased = $12,500

Cash balance = $2,000

Accounts payable = $4,500

Net cash flow at time zero:

= (cost of equipment) + (Increase in working capital)

= ($200,000) + (Inventory purchased + cash balance - Accounts payable)

= ($200,000) + ($12,500 + $2,000 - $4,500)

= ($200,000) + ($10,000)

= ($210,000)

Note: Negative values are in the parenthesis.  

4 0
3 years ago
At the Bourg Company, a primary ______ is to increase the monthly revenue by 10%. Bourg considers revenue targets a key part of
mr_godi [17]

Considering the subsequent description given in the question, At the Bourg Company, a primary <u>sales goal</u> is to increase the monthly revenue by 10%.

This is evident in the fact that Bourg considers revenue targets a vital part of the company strategy. Here, the revenue of a company is derived from <u>sales</u>.

Also, given that the targets at the Bourg Company are stated in clear, precise, and measurable terms, and they always specify a time frame for completion, this is an example of a <u>sales goal.</u>

<u>Sales goal</u> is a term used in business management to describe the defined goals for a firm's sales team.

Sales goals could be expressed as increasing revenue by 13% in a year or improving customer retention by 18%.

Hence, in this case, it is concluded that the correct answer is "<u>sales goals."</u>

Learn more here: brainly.com/question/23162020

6 0
3 years ago
On January 1, 2021, the Mason Manufacturing Company began construction of a building to be used as its office headquarters. The
Setler [38]

Answer:

1. In 2021, Capitalized interest = $205,000

2. In 2022, Capitalized interest = $3,870,000

3. Total cost = $5,231,980

Explanation:

See the attached file for the  calculation

3 0
3 years ago
Government is typically a​ ________.
xxTIMURxx [149]
Answer: D. net demander of funds because it borrows more than it saves

The government incurs more debts than gain profits as shown by most financial reports. The government is viewed similarly to that of business firms being net demanders by loaning huge amounts to financial institutions indirectly. The indirect borrowing done by government is done through debt security selling. 
8 0
3 years ago
Which of the following is a characteristic of the 529 plan that makes it different from the Coverdell Education Saving Account?
BARSIC [14]
A: There is no age limit for disbursement of funds
3 0
3 years ago
Read 2 more answers
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